Extension of Data Envelopment Analysis with Preference Information (Value Efficiency)

To improve performance is one of the key issues for managers in organizations. Demands to make operations more profitable and compatible as well as to cut public expenditure have been repeatedly present in headlines. The “goodness” of operations or performance is often simply measured in money; t...

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Những tác giả chính: Joro, Tarja, Korhonen, Pekka J
Định dạng: Sách
Ngôn ngữ:English
Được phát hành: Springer 2015
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Truy cập trực tuyến:https://scholar.dlu.edu.vn/thuvienso/handle/DLU123456789/57205
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spelling oai:scholar.dlu.edu.vn:DLU123456789-572052023-11-11T05:42:49Z Extension of Data Envelopment Analysis with Preference Information (Value Efficiency) Joro, Tarja Korhonen, Pekka J Envelopment Information To improve performance is one of the key issues for managers in organizations. Demands to make operations more profitable and compatible as well as to cut public expenditure have been repeatedly present in headlines. The “goodness” of operations or performance is often simply measured in money; the firm making most money or the public sector unit having the least expenditure is considered to be the best one. However, the monetary measures do not always capture all aspects of the performance. Especially in the public sector it may be practically—or politically—impossible to attach prices to some goods or services produced: what is the price of a university degree, or of a medical operation saving a human life? We may be able to figure out the short-term costs of some operations, but what is— for instance—the price of the lost opportunity? How expensive it is not to educate, or to lose a life? Thus performance is clearly multidimensional in its nature, and several indicators (outputs) are required to characterize all essential aspects of performance. The factors (inputs) affecting performance are multidimensional as well. In practice, the relationships between outputs and inputs are often complex or unknown making direct performance evaluation a complicated task.... 2015-08-06T01:22:58Z 2015-08-06T01:22:58Z 2015 Book 978-1-4899-7528-7 https://scholar.dlu.edu.vn/thuvienso/handle/DLU123456789/57205 en application/pdf Springer
institution Thư viện Trường Đại học Đà Lạt
collection Thư viện số
language English
topic Envelopment
Information
spellingShingle Envelopment
Information
Joro, Tarja
Korhonen, Pekka J
Extension of Data Envelopment Analysis with Preference Information (Value Efficiency)
description To improve performance is one of the key issues for managers in organizations. Demands to make operations more profitable and compatible as well as to cut public expenditure have been repeatedly present in headlines. The “goodness” of operations or performance is often simply measured in money; the firm making most money or the public sector unit having the least expenditure is considered to be the best one. However, the monetary measures do not always capture all aspects of the performance. Especially in the public sector it may be practically—or politically—impossible to attach prices to some goods or services produced: what is the price of a university degree, or of a medical operation saving a human life? We may be able to figure out the short-term costs of some operations, but what is— for instance—the price of the lost opportunity? How expensive it is not to educate, or to lose a life? Thus performance is clearly multidimensional in its nature, and several indicators (outputs) are required to characterize all essential aspects of performance. The factors (inputs) affecting performance are multidimensional as well. In practice, the relationships between outputs and inputs are often complex or unknown making direct performance evaluation a complicated task....
format Book
author Joro, Tarja
Korhonen, Pekka J
author_facet Joro, Tarja
Korhonen, Pekka J
author_sort Joro, Tarja
title Extension of Data Envelopment Analysis with Preference Information (Value Efficiency)
title_short Extension of Data Envelopment Analysis with Preference Information (Value Efficiency)
title_full Extension of Data Envelopment Analysis with Preference Information (Value Efficiency)
title_fullStr Extension of Data Envelopment Analysis with Preference Information (Value Efficiency)
title_full_unstemmed Extension of Data Envelopment Analysis with Preference Information (Value Efficiency)
title_sort extension of data envelopment analysis with preference information (value efficiency)
publisher Springer
publishDate 2015
url https://scholar.dlu.edu.vn/thuvienso/handle/DLU123456789/57205
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